Compass Group PLC (LON:CPG – Get Free Report) has earned an average recommendation of “Moderate Buy” from the eight brokerages that are currently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 12-month price target among brokers that have covered the stock in the last year is GBX 2,374 ($30.12).
Several analysts recently weighed in on CPG shares. Shore Capital reiterated a “buy” rating on shares of Compass Group in a report on Wednesday, May 15th. Royal Bank of Canada reaffirmed an “outperform” rating and issued a GBX 2,400 ($30.45) price objective on shares of Compass Group in a research note on Tuesday, May 21st.
Read Our Latest Analysis on CPG
Compass Group Stock Down 1.9 %
Compass Group Cuts Dividend
The business also recently disclosed a dividend, which will be paid on Thursday, July 25th. Stockholders of record on Thursday, June 13th will be paid a $0.21 dividend. This represents a dividend yield of 0.71%. The ex-dividend date is Thursday, June 13th. Compass Group’s payout ratio is currently 5,769.23%.
Insider Buying and Selling
In related news, insider Arlene Isaacs-Lowe acquired 2,800 shares of the stock in a transaction dated Tuesday, May 28th. The stock was acquired at an average cost of GBX 2,176 ($27.60) per share, with a total value of £60,928 ($77,290.37). 0.15% of the stock is currently owned by insiders.
Compass Group Company Profile
Compass Group PLC operates as a food and support services company in North America, Europe, and internationally. The company offers support services, such as cleaning in hospitals; reception services at corporate headquarters; managing remote camps; grounds and facilities services at schools and universities; and others.
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